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3 years ago

Match the examples with the types of goods. Please help!

Business

1 answer:

navik [9.2K]3 years ago

6 0

Answer:

Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good

Jamie goes to the store to buy toothpaste - Convenience staple good

Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good

Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good

Explanation:

I have been able to match the examples with the type of goods.

Unsought good is the good that the consumer has no knowledge of. Also, he wasn't thinking of buying such good. It is usually purchased out of fear.

Specialty good usually have specific characteristics and benefit. Therefore, the consumer has a reason for purchasing it.

Shopping good is one purchased after the consumer had compared prices, quality, etc in more than one store.

Convenience staple good is the good which is consumed regularly.

Convenience impulse good is one which entices the consumer and he makes purchase without researching or thinking.

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Emil company has $4 million in bonds outstanding. during the current year, the applicable market interest rate decreases. The fair value of Emil company's bonds likely will <u>increase.</u>

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The fee that a lender assesses on a borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. Usually, the annual percentage rate (APR), which is how loans' interest rates are expressed, is indicated (APR).

Also subject to interest rates are earnings from savings accounts and certificates of deposit held by banks and credit unions (CD). Interest earned on these bank accounts is referred to as annual percentage yield (APY).

<u>How Are Interest Rates Set?</u>

The economy is just one of the many variables that affect the interest rates that banks charge. Each bank bases its range of APRs on the interest rate, which is established by the central bank of the nation (in the U.S., this would be the Federal Reserve).

Debt becomes more expensive when the central bank sets interest rates at a high level. When borrowing is expensive, people are less likely to do it, which lowers demand from consumers. Moreover, interest rates typically increase along with inflation.

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2 years ago

Which event will have the greatest impact (positive or negative) on one's net worth after one month?

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Based on the given situations above, the event that will most likely create the biggest impact on one's net worth after a month is purchasing a car worth $15,000 of market value, and this car depreciates 20% of its value upon transfer of ownership. This impact is considered highly negative because of the large amount of depreciation.

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3 years ago

Item5 1.25 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 5 Exercise 2-12 Computing Predetermin

Law Incorporation [45]

Answer:

Follows are the solution to the given points:

Explanation:

In point 1:

The pre-determined overhead rate value:

$= (\frac{654,000}{155,000})+4.40 \\\\= 4.21+4.40\\\\= \$ 8.61 / MH$

In point 2:

Calculating the total manufacturing cost:

$\text{Direct material} \to 390\\\\\text{Direct labor} \to 230\\\\\text{Manufacturing overhead} (36 \times 8.61) \to 309.96\\\\\text{Total manufacturing cost}\to 929.96$

In point 3:

The unit product cost:

$= \frac{929.96}{60}\\\\ = \$15.49 / unit$

In point 4:

Calculating the selling price per unit:

$= \$15.49+(\$15.49 \times 130\%)\\\\ =\$15.49 + 20.137 \\\\ = \$35.627 \approx \$36 / unit$

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3 years ago

Suppose the narrator’s company instituted a policy in which employees have to tell HR any time they receive a corporate gift wor

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Answer:

C. more than the Red Sox tickets

Explanation

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3 years ago

Read 2 more answers

Assume that Northern Petroleum Inc. issued the following bond on January 1: Face amount: $100,000 Contract interest rate: 12% Ef

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Answer:

d. $44,161

Explanation:

The computation is shown below:

The present value of the periodic interest to be paid on the bonds is

= Face amount × interest rate × present value of an annuity at 6% for 10 years

= $100,000 × 6% × 7.36009

= $44,161

Refer to the present value of an annuity table

On a semiannual basis, the interest rate is half and the time period doubles =. The same is applied in the above calculation.

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3 years ago